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Author Topic: NWD - week review
Purl Gurl
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Please read my previous article on NWD stock.

I don't feel like typing a lot, so darn it,
just buy this stock.

As you know, NWD is financially very healthy
and has a huge market; China.

This week, NWD behavior is precisely as
expected. Some long term holders are finally
selling out. New investors are shooting for
the best possible prices. Headtraders are
showing up with better frequency, not that
I like headtraders, I do not. I consider
headtraders to be absolute bozos causing
more harm than good. Nonetheless, having
them show up is a positive signal.

Trading will continue sidewards after
Christmas, until all profit takers are
sold out. Once NWD hits .70 per share,
expect a slight down dip in prices as
more profit taking occurs. I sold at
a price of .71 twice in the recent past.

This time we are in for long term waiting
for an excellent 10Q to be released
which will cause prices to rise quickly.

We are in for 4,000 shares at .66 per share.

Technicals now show NWD pushing through
the 13 day EMA line, each day, and just
about to push through the 50 day EMA line.

For this specific stock, volume is good
and increasing. This trend will continue.

Expect prices to fall to .63 periodically
and rise to .67 just as frequently. This
is very normal behavior for this stock.
Trading will be slower than you like until
January. Be patient.

Look for a well defined upturn in prices
during the first two weeks of January.

Our target sell price is .95 per share,
sometime around the beginning of summer.
This sell price, inherently, will be
adjusted with changing market conditions.

Do I need to remind you of a potential
for losing money and to be careful?

Please do research well, make prudent
decisions and treat all posters to boards
like this to be liars until proven otherwise,
as I have said before. This includes me.


Purl Gurl


Posts: 7504 | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
Purl Gurl
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A couple of trades at .62 and .63 this morning. 100 shares at .63 and 400 shares
at .62 per. Headtraders are absent from
this market today, which is good for buyers.

These are the lowest prices for NWD recently.

Today, December 22, looks to be a good day
to buy NWD if you are interested.

As always, be careful in your decision
making. You could lose money.


Purl Gurl


Posts: 7504 | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
Purl Gurl
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I should add, there are a lot of bids coming
in for 20,000 plus shares at .62 per share.
This is a very good indicator. Big buck
investors are looking to get in.

Purl Gurl


Posts: 7504 | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
   

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